EBay sold its Enterprise business for $925 million and topped Wall Street expectations for its second-quarter earnings as the online retailer prepares to spin off PayPal.
Dutch company ASML, which makes computer chip-making systems and is seen as a global hi-tech bellwether, announced an 8.1 percent second quarter dip in net income Wednesday, but noted it was on track for the rest of the year.
Fruit growers in the U.S. Intermountain West (the region including the states of Montana, Utah, Idaho, Wyoming, and Colorado) are faced with challenges that include decreased agricultural land availability, harsh climatic ...
LG Electronics Inc. said Thursday it has lost money in the fourth quarter as costs from the closure of its plasma TV operations offset a recovery in its mobile phone business.
Calling it "ridiculous" and "baseless," IBM on Monday dismissed a report that said the technology giant plans to lay off 1 in 4 of its workers, or 100,000 people.
The strong dollar and stiff competition for some products squeezed Johnson & Johnson in the fourth quarter and it missed Wall Street expectations for revenue, triggering a rare sell-off of its shares.
Alibaba's financial results in its first quarter as a publicly traded company highlight its strategy of plowing its profit back into investments, particularly in mobile commerce and marketing.
Comcast Corp.'s third-quarter net income jumped 50 percent in the third quarter, helped by a one-time tax settlement, growth in Internet subscribers and fewer defectors from its cable service.
German semiconductor maker Infineon revised slightly upward its annual forecast on Wednesday after reporting higher third-quarter earnings and sales.
Verizon reported Tuesday that its second-quarter earnings nearly doubled after it secured full ownership of Verizon Wireless.